Improved investment performance, which almost tripled over the same period in 2021 as well as increased operating revenue totaling $766 million for the quarter, helped boost the overall performance of the health system.
Operating income totaled $4.9 million, versus a loss of $18.6 million in 2021. The overall $15.3 net income figure compared with a $13 million loss in 2021.
Lifespan, whose obligated group consists of three hospitals and two foundations, has recently appointed new top executive leadership, including a new CEO and CFO.